Change of return of income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 August 2012
Assessee has filed ITR 3 in time for AY 12-13. It is discovered that he has some business loss from share trading.
1.Can he file ITR 4 .
2. can he set off the loss of business against interest received from firm on his capital as partner?
1.Can he file ITR 4 .
2. can he set off the loss of business against interest received from firm on his capital as partner?
31 August 2012
He Can Revised Return, Also Can Set Off The Loss of Share, Provided The Share Loss From F&O, Shown as Business. Not as Investment Otherwise to be Treated as Capital Loss.
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